Association‐sponsored benchmarking programs are developed, organized, and implemented by a professional association of member institutions. Methods used often include survey‐type data collection instruments or traditional benchmarking strategies with site visits. These types of programs can be effective tools for identifying and adapting best practices at relatively low cost for association members while generating revenue for the association. However, association benchmarking programs must be carefully planned, properly promoted, implemented in timely manner, and effectively reported to members in order to be successful.
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